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Summary

In this course, we have looked at accounting in a manner that most small business texts do not address. We have discussed the major components that you need to be aware of to mitigate your taxable liability. We have also given you a basic understanding of how bookkeeping records are kept. You should now have a better understanding of:

  • Identification Numbers
  • Tax Years
  • Business Taxes
  • Information Returns
  • Penalties
  • Business Expenses
  • Recordkeeping

Next Recommended Course: Basic Marketing Strategies

The complete Foundation Business Courses Include:

  • Basic Business Concepts
  • Choosing a Legal Format
  • Basic Business Accounting
  • Basic Marketing Strategies
  • Off-Line Marketing Concepts
  • On-Line Marketing Concepts
  • Time Management Concepts
  • Money Management Concepts - Part One
  • Money Managmeent Concepts - Part Two